2012October

Russia is on the brink of a significant transformation. After 10 years of economic growth, Russia experienced a recession in late 2008 and early 2009, with growth resuming in late 2009 and 2010. Despite the brief but deep recession, the Russian economy, unlike much of Europe, has not been as seriously affected by the global financial crisis. However, to attain Russia’s aspirations in a new global context will require bold and actionable ideas, as well as strong leadership directed towards building trust and transparency.